2022
Exports
$173MWorld Rnk 20 / 187
Flag Rnk 239 / 1211
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$674MWorld Rnk 10 / 213
Flag Rnk 88 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $173M in Rubberworking Machinery, making it the 20th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 239th most exported product in Thailand. The main destination of Rubberworking Machinery exports from Thailand are: United States ($59.3M), Japan ($16.6M), China ($13.7M), Vietnam ($12M), and Indonesia ($11M).

The fastest growing export markets for Rubberworking Machinery of Thailand between 2021 and 2022 were Vietnam ($4.75M), United States ($2.76M), and India ($2.16M).

Imports In 2022, Thailand imported $674M in Rubberworking Machinery, becoming the 10th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 88th most imported product in Thailand. Thailand imports Rubberworking Machinery primarily from: China ($336M), Japan ($89M), Germany ($77.8M), Chinese Taipei ($53.7M), and Malaysia ($18.8M).

The fastest growing import markets in Rubberworking Machinery for Thailand between 2021 and 2022 were Germany ($19.9M), Finland ($4.85M), and Saudi Arabia ($3.95M).

COMPANIES In 2023, leading companies such as American Omni Trading Company (41), Samsung (21), and TE Connectivity (2) were at the forefront of shipping Rubberworking Machinery from Thailand to the United States.

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubberworking Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$173M
IMPORTS (2022)$674M
NET TRADE (2022)-$501M

In 2022, Thailand exported $173M in Rubberworking Machinery. The main destinations of Thailand exports on Rubberworking Machinery were United States ($59.3M), Japan ($16.6M), China ($13.7M), Vietnam ($12M), and Indonesia ($11M).

In 2022, Thailand imported $674M in Rubberworking Machinery, mainly from China ($336M), Japan ($89M), Germany ($77.8M), Chinese Taipei ($53.7M), and Malaysia ($18.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Vietnam$4.75M (65.8%)
United States$2.76M (4.87%)
India$2.16M (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Thailand WERE (2021 - 2022):
China-$3.5M (-20.3%)
South Africa-$2.47M (-71.4%)
Netherlands-$1.99M (-64.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Thailand's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.8M
TOP IMPORT POTENTIALGermany+ $11.4M

Rubberworking Machinery’s highest export potential is China. With an export gap of $13.8M.   Rubberworking Machinery’s highest import potential is Germany with an import gap of $11.4M.

See methodology.

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